Amongst main markets, Toronto skilled the most important declines in ADR and RevPAR, down 10.0% and 11.6%, respectively. – Picture Credit score Unsplash+
Key Efficiency Metrics Present Decline: Canada’s resort trade skilled its first year-over-year declines in occupancy and income per obtainable room (RevPAR) since April, as per November 2025 knowledge.
Ontario and Main Markets Hit Hardest: Ontario and main markets reminiscent of Toronto and Edmonton reported vital declines in key efficiency indicators, affecting total trade efficiency.
Canada’s resort trade has seen a decline in key efficiency metrics for the primary time since April, based on the newest knowledge from CoStar, a number one supplier of business actual property insights. In November 2025, the nation’s resort occupancy price fell to 61.6%, down 1.0% from the earlier 12 months. Income per obtainable room (RevPAR) additionally noticed a 1.0% lower, settling at CAD120.70, whereas the typical day by day price (ADR) remained unchanged at CAD195.94.
Ontario emerged because the province most affected by these declines, with occupancy dropping by 4.3% to 64.5%, ADR lowering by 4.0% to CAD214.35, and RevPAR plummeting by 8.1% to CAD138.32. Amongst main markets, Toronto skilled the most important declines in ADR and RevPAR, down 10.0% and 11.6%, respectively. This downturn is attributed to the comparability towards the excessive demand generated by Taylor Swift’s Eras Tour in 2024.
Edmonton additionally confronted challenges, recording the steepest drop in occupancy amongst main markets, with a 5.5% lower to 56.2%. These figures spotlight ongoing volatility within the resort and journey trade because it navigates a post-pandemic restoration and fluctuating market situations.
